« Mixed Media
Our broken airline system »

Ignore the market, it will get better.

April 13th, 2008 by Grant in: Finance
 Sphere: Related Content

Between the lousy weather and the battered down stock market, it’s been a very mundane weekend.  I’ve taken to, in large part, ignoring the day to day happenings in the stock market, and I think I’m a bit more sane for doing it.

Blogging about many of the financial headlines these days doesn’t seem to interest me as much… Are we in a recession or not?  Who cares?

For the last week, I’ve been checking in on the overall market trends about once a day, versus once an hour or so.  My investments are tied up in fairly secure long-term, proven companies, so it’s not like I’m hunting for the straw that broke the camels back in any one of my holdings.

I’ve got a ton of money sitting on the sidelines, just waiting to be invested, but until I start seeing some money and volume coming back into the market, I’m really hesitant to pull the trigger.

What say you? Has the market burned you out?

Tags: |

Leave comments below. Subscribe to Comments

del.icio.us:Ignore the market, it will get better.  digg:Ignore the market, it will get better.  spurl:Ignore the market, it will get better.  furl:Ignore the market, it will get better.  reddit:Ignore the market, it will get better.  fark:Ignore the market, it will get better.  blogmarks:Ignore the market, it will get better.  Y!:Ignore the market, it will get better.

3 Comments

  1. Tom
    April 14th, 2008 at 4:34 am

    I’ve been rotating money back in. You have to buy when they’re not. Once that volume pumps up , its probably too late to buy. My 2 cents.

  2. MJ
    April 14th, 2008 at 9:28 am

    Yes!

    I know my blog has suffered. I can’t find any good ideas right now. The market just makes me hesitant to pull any triggers.

    Topics I keep thinking over:

    1. Why are oil company stocks doing so well and refineries not?
    2. Want to save US manufacturing: keep devaluing the US dollar?
    3. Searching for good companies in a bad market…
    4. Despite a bad economy, construction business is booming, where do I invest?

    Stocks I like, but hesitant to pull the trigger in this market:
    ROK, BAX, CAT, DE

    Hopefully I will find the time to start writing things up again, because with this market being as volatile as it is I have spent my time fixing up the new house.

  3. SomeGuy
    April 15th, 2008 at 1:48 pm

    I don’t follow the market on a daily or even weekly basis so it doesn’t bother me. I always think it’s funny to see so many people spend SO much time tracking its every move.

Leave a Comment